Can we see $50 ?

[TastyChillySauce00]

Just if bitcoin has dumped to its depth of $50, I'm all ready to open up my wallet for these coins to be honest, losing few hundreds or thousands bucks is nothing if I have the chance of being millionaire within few years.
Guess what, people thing the same way and it's a certain answer for your question.

[alani123]

I don't think that with current demand bitcoin prices could go anywhere near such levels any time soon. There's an entire economy built on bitcoin's price so there'd be quite a fight to preserve it at higher levels.

[chgr12ma]

I don't think that with current demand bitcoin prices could go anywhere near such levels any time soon. There's an entire economy built on bitcoin's price so there'd be quite a fight to preserve it at higher levels.

Fight to preserve it? No need for that. If I saw the price drop to $100 I wouldn't even think of the possibility of it dropping to $50, I'd just buy as many bitcoins as I could (and I'm sure thousands of people would do the same), only because the price would certainly skyrocket in a few minutes. Actually, there is no need for $100, if I saw $1.1k I'd already start buying as many as I could without a doubt.

Believing a drop to $50 can happen just shows a lack of thinking. It's not even speculation anymore, it's worse than believing in a fairy tale. I'm just wishing I can see $1.6k, but I kinda doubt that...

[Amph]

not anymore, with japan buying this thing like crazy, i'm not even sure you will see below $1500 anymore, and bears in mind that this last dump is just a thing caused by the biggest bitcoin issue, if it was not for that we would be sitting at $5k already

also at $50 the mining scene would just die, if it last for a long time, because miners have no profit at that level, and you can't just say the diff will go down, that is not an argument, the network would be attackable by anyone at that point

[alani123]

I don't think that with current demand bitcoin prices could go anywhere near such levels any time soon. There's an entire economy built on bitcoin's price so there'd be quite a fight to preserve it at higher levels.

Fight to preserve it? No need for that. If I saw the price drop to $100 I wouldn't even think of the possibility of it dropping to $50, I'd just buy as many bitcoins as I could (and I'm sure thousands of people would do the same), only because the price would certainly skyrocket in a few minutes. Actually, there is no need for $100, if I saw $1.1k I'd already start buying as many as I could without a doubt.

Believing a drop to $50 can happen just shows a lack of thinking. It's not even speculation anymore, it's worse than believing in a fairy tale. I'm just wishing I can see $1.6k, but I kinda doubt that...

The drop to 100$ happened at a time with significantly less demand and a smaller economy to support cryptocurrency. Nowadays more parties have invested in bitcoin's price and the economy continues preserving higher levels.

[chgr12ma]

I don't think that with current demand bitcoin prices could go anywhere near such levels any time soon. There's an entire economy built on bitcoin's price so there'd be quite a fight to preserve it at higher levels.

Fight to preserve it? No need for that. If I saw the price drop to $100 I wouldn't even think of the possibility of it dropping to $50, I'd just buy as many bitcoins as I could (and I'm sure thousands of people would do the same), only because the price would certainly skyrocket in a few minutes. Actually, there is no need for $100, if I saw $1.1k I'd already start buying as many as I could without a doubt.

Believing a drop to $50 can happen just shows a lack of thinking. It's not even speculation anymore, it's worse than believing in a fairy tale. I'm just wishing I can see $1.6k, but I kinda doubt that...

The drop to 100$ happened at a time with significantly less demand and a smaller economy to support cryptocurrency. Nowadays more parties have invested in bitcoin's price and the economy continues preserving higher levels.

But that's something natural. They don't really need to "fight" to preserve it at a higher price. It's just that the demand is high enough such that there is no way for bitcoin to go to a much lower price. If it drops enough people will start buying (thus increasing the price again), not because they feel the need to preserve the price of bitcoin, but because they believe bitcoin will be worth much more later.

[JeffBrad12]

We have seen it before so why not.
btc has no bottom when it comes to a debate

When the debate already ended and it must be worthed a lot of money. But are thinking if the debate could be a good measure for the price speculation? At least if the hardfork(split) will not happen and I will not be expecting the price of bitcoin will go to the bottom. And you must remember that $50 can't be considered as the

[freedomno1]

We have seen it before so why not.
btc has no bottom when it comes to a debate

The losing side if its a split could see it but the main split will not unless it loses a significant amount of support in the near future, post split.
Otherwise its just a non-risk from today's view.

[Slow death]

Can we see $50?

On the day you see this price you can be sure that the forum will lost hundreds of members...

Answering your question: No!

[micalith]

I think your only chance of getting $50 is to place a few buy orders on some of the more illiquid exchanges just in case someone big makes a mistake during a panicked market sell order. Still seems very unlikely to me. You'd have better odds with that sort of strategy on alts

[batang_bitcoin]

We have seen it before so why not.
btc has no bottom when it comes to a debate

We can see lower than $1000 on this month because of the fork FUDs are everywhere. But we will never see the price of bitcoin at $50 that is just a very impossible thing today. Bitcoin is well known already for having great value and whales will not allow it to happen because they will regret.

[TropicalDog]

We have seen it before so why not.
btc has no bottom when it comes to a debate

its value has decreased greatly these day, but  why the 0P surely think bitcoin can reach 50 USD... " We have seen it before so why not?"  If you said this, i also could say: we have seen bitcoin price is 0,001 before so why not?" such a stupid thought

[machinek20]

Yeah the price is so bad lately, if it going under 100$, it can be considered bitcoin is in big trouble, but I dont think it can go that low, but anything is possible, if it is dropped under 1000$ there will be a lot of investor switching to another coin

[willope]

Yes, if USD would be pumped to 0.02btc.
But I think this kind of bubble would pop inevitably causing dollars to fall back to previous lows. 

[ethereumhunter]

if bitcoin price is dump until $50, i am sure that many people is prepare to buy as much as bitcoin they can and they will hold the most bitcoin they have while they wait the price is up again. this is what i will do too because i think its the right time to buy bitcoin if the price is dump into that price so i can have much of bitcoin.

[YuginKadoya]

if bitcoin price is dump until $50, i am sure that many people is prepare to buy as much as bitcoin they can and they will hold the most bitcoin they have while they wait the price is up again. this is what i will do too because i think its the right time to buy bitcoin if the price is dump into that price so i can have much of bitcoin.

If that would be the case and bitcoin's gonna drop to the $50 dollar mark this July then yes there would many people that are going to buy bitcoin and to invest more with bitcoin because after the August 1 the price would still goes back to normal and maybe hit the highest amount bitcoin had ever done, there is certainly panic right now and people are dumping their bitcoin if this continue this is gonna be the biggest dump ever occur in bitcoin history, if it could reach the $50 dollar mark.

[Ultegra134]

No way Bitcoins is going down to $50. Bitcoin is and will be used for quite a long time no matter what happens, blame Dark web Markets for that.
Yes, it can fall at around $1000-1500 but no way it's going that low, it's constantly being used and with the new changes in fees and transactions after 1st of August,
it's probably going to be used even more.

[DomainMagnate]

We have seen it before so why not.
btc has no bottom when it comes to a debate

I have my funds ready to full my bag if that happens.I always repent not buying btc when price was $100.
Now I won't make same mistake again.

[ModGirl]

We have seen it before so why not.
btc has no bottom when it comes to a debate

The losing side if its a split could see it but the main split will not unless it loses a significant amount of support in the near future, post split.
Otherwise its just a non-risk from today's view.

Yes i agree with you that there is no risk from today's views. As bitcoin playing a great role in the economy giving to people opportunity to invest in bitcoin once again. I will come back to the market with more powerful. So therefore there is no loses a signifiicant amount of support in the near future.

[mcman]

I would take out loans to the max if bitcoin dropped that low because I know it wouldn't last long. I think there are enough people similar to me that it will never actually get there.